One day the rate of exchange between pounds and United States dollars was 1pound = 1.65 US dollars.
On the same day, the rate of exchange between pounds and euros was 1pound = 1.44 euros.
[Q1] Alan changed 500pounds into dollars.
Calculate how many dollars he received.
[Q2] Brenda changed 900 euros into pounds.
Calculate how many pounds she received.
2007-08-13 13:45:12 · 3 answers · asked by Anonymous in Business & Finance ➔ Other - Business & Finance
OK, Sticking with your assumptions:
(Q1) 500 x 1.65 = US$825
(Q2) 900 / 1.44 = GBP625
Now - I understand that this is probably your homework, but if you are interested in actual up to date currency conversion rates, here is the place to go:
http://www.xe.com/ucc/full.php
2007-08-13 14:11:31 · answer #1 · answered by F. Frederick Skitty 7 · 0⤊ 0⤋
Q1
500*1.65= USD825
Q1
900/1.44= J625
simple as ABC
there are various Foreign Exchange websites also........
2007-08-13 21:13:25 · answer #2 · answered by dexter 1 · 0⤊ 0⤋
xe.com
excellent currency exchange program
2007-08-13 20:47:27 · answer #3 · answered by green sky means run 4 · 0⤊ 0⤋